Political Quotes

“I rise in support of H.R. 5385, the Miscellaneous Trade and Technical Corrections Act of 2002. I am pleased that two of the provisions in this legislation will help enhance the competitiveness of a constituent company in the northern Illinois district I am proud to represent. Of these two provisions, one would suspend the duty on certain types of magnets used in automotive sensor applications. Although no one in the United States presently manufactures the same magnets, this provision had been objected to in its earlier form when H.R. 5385 was considered in the Committee on Ways and Means in September. The objection was based on the concerns of a handful of constituent firms located in the districts of my colleagues, Representatives Ted Strickland and Bob Ney. Specifically, these firms, who manufacture other types of magnets domestically, were concerned that the earlier language did not clearly enough specify the types of magnets to which the suspension of duty would apply. Understandably, these companies just wanted to be sure that my legislation was going to extend benefits only to those magnets intended to be covered and not to imported versions of the types of magnets that these firms produce in the United States.”